Showing posts with label how to lose money trading crude oil. Show all posts
Showing posts with label how to lose money trading crude oil. Show all posts

8/06/2009

Bah!

Humbug

What a mess, took the longs, missed the shorts, done for the day. We're off on a little trip so may not trade tomorrow.

2 Minute Crude Oil Chart
On another note China may have found the cure for all the investment fraud we have seen in North America lately.

9/23/2008

Crude Oil Flounders

Oh wait that was me floundering. Is floundering a word? I'm sure it is cause I feel very flounderish.

39 winning ticks / 53 losing ticks = RR 0.74

The crude trade was offering alot of signals with retracement the theme of the day.

Our risk management rules shut me down early so we leave the day with a small loss and our dignity intact.

Look at all the lines on these charts, sheesh, what a mess.

13 Tick Crude Oil Renko Charts